Amazon Web Services CEO Andy Jassy, who will replace Jeff Bezos as Amazon CEO this year, has been with the company since 1997. Jassy's division generated $12.7 billion in revenue in the most recent quarter and most of Amazon's profit.
Grainger earned $168 million in the fourth quarter, up from $103 million a year ago. Revenue increased to $2.94 billion against $2.85 billion in the year-ago period.
Indian River Consulting Group's Pandemic Revenue Index of 13 distributors rose by 6.4% the week of Jan. 25-29, the 12th straight week of growth. "Nine respondents reported increases ranging from 1% to 35% while four companies reported declines, ranging from 3% to 24%," Mike Emerson writes.
Modern Distribution Management (tiered subscription model)
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Investing in technology for business growth While the process of evaluating your digital technology can seem daunting, you don't have to rip everything out and start from scratch — an incremental approach can be the best one to take. This Epicor whitepaper covers the roles of the cloud and e-commerce in distribution technology, plus get tips to chart your own digital roadmap. Download now
Recent breaches have made it apparent that biometric data won't be speedily replacing passwords, which have been around for six decades, writes ManageEngine executive Rajesh Ganesan. In this tutorial, Ganesan offers password security tips and suggests wrinkles such as one-time passwords communicated via email or text.
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Business-to-business marketers can implement a more effective personalized content strategy by working with sales to prioritize high-value buyers and mapping content to key stages of the customer journey, Madison Logic's Aaron Cullers writes. Create digital campaigns that trigger content based on real-time buyer behavior, Cullers recommends.
Companies should review what they did early in the pandemic, focus on customers and see where their business "ecosystem" can help unlock revenue opportunities, write Thomas Stewart and Patricia O'Connell. Connecting employee and customer feedback is another area where companies can "capture frontline employees' ideas on how to solve them, and improve experience and efficiency at the same time," they write.
Managers should be wary about rehiring previous employees, who are less likely to improve over time than new hires and also exhibit higher turnover rates, according to experts. So-called boomerang employees are also likely to perform at previous levels even after being rehired.
Old school distribution is about stocking inventory, taking orders and serving demand. New school distribution is about innovating through customer services and working side-by-side with customers in the real world. The future of distribution is about solving problems in your customer's business -- often before your customer even knows a problem exists. Innovate to Dominate provides breakthrough ideas, lessons from leading distributors who are innovating and inspiration to help you lead your customers into the future and sustain your competitive advantage.
82% of employees who report a data breach/stolen identity say this issue affected their work. More than 50% said they were distracted, others had to make phone calls or had to take time off. NAW Trusted Partner Gallagher and ID/Legalshield can help. Protect your employees with identity theft protection from IDShield.
Are you well-informed about different best practices and knowledge in our industry? If not, NAW's Top 10 E-book List can help get you up-to-speed quickly so you and your business can stay competitive in these challenging times.
